Granite Bank · Florida · 2025

Granite Bank in Florida: approval rate, denial rate and rates (2025)

Granite Bank took 106 mortgage applications in Florida in 2025, ranking #473 of 1,993 lenders active in the state. It originated 74.5% of them and denied 9.4% (11.2% of the applications it decided), against a statewide denial rate of 21.1%.

106Applicationsin FL
11.2%Decision denial ratestate 27.2%
6.63%Median ratestate 6.63%
$310,000Median loanstate $255,000
$25MVolume25 counties

Granite Bank in Florida vs the state

9.4%Denial rate-11.63 pts vs state
11.2%Decision denial rate-16.00 pts vs state
74.5%Origination rate+21.84 pts vs state
6.63%Median rate0.00 pts vs state
0.44Rate spread (pts)+0.17 pts vs state
$118kMedian applicant income
79Loans originated
10Denied

Trend in Florida

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024966810.4%6.81%#483
2025106799.4%6.63%#473

What Granite Bank lends in Florida

By loan purpose

Home purchase 95 90% · 8.4% denied
Refinance 3 3% · 0.0% denied
Cash-out refinance 6 6% · 33.3% denied
Other / HELOC 2 2% · 0.0% denied

By loan type

Conventional 64 60% · 10.9% denied
FHA 33 31% · 9.1% denied
VA 9 8% · 0.0% denied

Why it denied Florida applicants

Debt-to-income ratio 4 40%
Collateral 2 20%
Credit history 2 20%
Incomplete application 1 10%
Unverifiable information 1 10%

Where in Florida

Counties with the most Granite Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Charlotte County 38295 13.2%
Lee County 13101 7.7%
Sarasota County 870 0.0%
DeSoto County 540 0.0%
Polk County 430 0.0%
Manatee County 412 50.0%
Collier County 320 0.0%
Okaloosa County 320 0.0%
Miami-Dade County 330 0.0%
Pinellas County 321 33.3%

Other large lenders in Florida

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 71,40515.3%6.44%
Rocket MortgageC 46,61121.0%6.63%
Bank of AmericaF 23,63437.7%6.24%
Pennymac Loan ServicesC 19,51614.1%6.50%
Navy Federal Credit UnionD 19,45223.2%7.59%
Crosscountry MortgageB 19,1035.2%6.75%
NewrezD 17,51922.4%6.75%
Dhi Mortgage CompanyB 16,66114.5%4.88%
Lennar MortgageA 14,98421.0%4.75%
Truist BankC 14,14041.5%6.60%

Frequently asked questions

Florida: 106 applications in 2025, of which 79 were originated and 10 denied.

9.4% of all applications, or 11.2% of the applications it actually decided on. The Florida statewide average across all lenders was 21.1%.

The median rate on loans Granite Bank originated in Florida in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Granite Bank's own HMDA filing for properties located in Florida, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology